Bitcoin started the day behind the $ 19,000 level this morning. Although Bitcoin rose to the $ 18,430 region yesterday morning, it attracted more attention from institutional investors with the effect of withdrawals. He most recently invested $ 100 million worth of Bitcoin in Mass Mutual, which has $ 635 billion in total assets. However, withdrawals continue with the impact of miner sales. According to the data shared by CryptoQuant, this sale means the highest dump Bitcoin miners have made in the last 3 years.

When we consider BTC / USD technically, the bullish blue trend in the chart was tested again in the morning. This point also crosses the $ 17,600 level, which corresponds to the Fibo'61.8 slice, where the buy reaction came from a significant area. We can see pressure from this area, with the $ 18,250 and $ 18,600 levels being our major resistances in the upswing. The reactions of pullbacks should be followed up and the major trend is still on the upward direction. The $ 17,630 level stands out in possible retreats.

Ethereum is moving around $ 545 this morning, with sales of around 2%. Ethereum Fund listed on the Toronto Stock Exchange. It is known that there is approximately $ 75 million Ethereum in the fund closed. Grayscale, the world's largest digital fund, announced yesterday that it received 100,000 ETH. At the same time, after the 2.0 transition, Ethereum has seen a record $ 429 million in funds in the past two weeks. When we come to the question of why the market is falling despite all these purchases; While the altcoin-Bitcoin relationship is due to the tightness, we also encounter sales of miners in Bitcoin. Therefore, we expect the 2021 DeFi season in Ethereum and expect a positive divergence.

When we consider the ETH / USD parity technically, the upward trend that has been formed since the beginning of November continues. Although there were increases to $ 579 in the buying course in yesterday's transactions, it was observed that it retreated below the rising trend in the morning hours. Reaction from the bottom is very positive. In the course where the trend is followed, the MACD is moving into the risk appetite zone, experiencing a sales intersection in a 4-hour period. The reactions from pullbacks should be followed up and the $ 570 level stands out in trades above the $ 550 level.

Ripple is moving around $ 56 this morning, down 2% from yesterday's transactions. Whale Alert, the Twitter bot, announced that a total of $ 402 million worth of 700 million XRP has been transferred yesterday morning. Although these transfers caused panic in investors with the thought of profit sales, they accelerated the XRP transfers in investors due to the Spark Token distribution to be held on December 12. There has also been a serious dynamism in XRP transactions made by exchanges. Support levels are followed, although the outlook is weak.

Technically speaking, XRP / USD retraces to the $ 0.5440 support level on the four-hour charts. Although it tries to break the downward trend that has been going on since November, seven times in the upward direction on the four-hour candles, it continues to move in the lower zone of the trend. With its rising again, the $ 0.5660-0.5830 levels are in the foreground. If possible withdrawal continues, $ 0.5430-0.5230 can be considered.

Bitcoin started the day behind the $ 19,000 level this morning. Although Bitcoin rose to the $ 18,430 region yesterday morning, it attracted more attention from institutional investors with the effect of withdrawals. He most recently invested $ 100 million worth of Bitcoin in Mass Mutual, which has $ 635 billion in total assets. However, withdrawals continue with the impact of miner sales. According to the data shared by CryptoQuant, this sale means the highest dump Bitcoin miners have made in the last 3 years.

When we consider BTC / USD technically, the bullish blue trend in the chart was tested again in the morning. This point also crosses the $ 17,600 level, which corresponds to the Fibo'61.8 slice, where the buy reaction came from a significant area. We can see pressure from this area, with the $ 18,250 and $ 18,600 levels being our major resistances in the upswing. The reactions of pullbacks should be followed up and the major trend is still on the upward direction. The $ 17,630 level stands out in possible retreats.

LINK is moving around $ 11.80 with a 1% retreat from yesterday's transactions. LINK's percentage of supply on smart contracts reached an all-time high. Updates are also expected in smart contracts, especially with the start of the Ethereum 2.0 update. In this way, agreements with corporate companies will be opened.

Technically, LINK continues its movements in the decreasing trend since the end of November, while continuing its transactions between $ 11.40-12.50. If LINK / USD, which continues its operations in the descending trend slope, breaks the $ 12.50 upward, the $ 12.90-13.50 levels can be considered. If the retraction continues, the levels of $ 11.50-11.05 come to the fore. The outlook is weak, but the support for reaction is followed carefully